An unsustainable path
Sen. Judd Gregg on the president's big-government agenda
Excerpt:
That's bad news, in Mr. Gregg's view, because "We're headed on an unsustainable path. The simple fact is these [budget] numbers don't work and the practical implications of them are staggering for the nation and the next generation."
His "main concern," he says, "is that if you look at the Obama budget, it projects on average about a $1 trillion deficit [every year] over the next 10 years." And as a result of all that spending, "You see the size of government growing from 21% [of gross domestic product] to 22%, to 23%, 24%, 25% . . . toward 30%."
Comment: "Elections Have Consequences" ... as we are quickly (100 days) finding out!
